Former BP Employee to Settle Insider-Trading Allegations

Keith Seilhan Neither Admits Nor Denies the Allegations

By

Maria Armental

April 17, 2014 2:37 p.m. ET

A former BP PLC employee and senior responder during the 2010 Deepwater Horizon oil spill has agreed to pay $224,118 to settle charges of insider trading, the Securities and Exchange Commission said Thursday.

Keith A. Seilhan of Tomball, Texas, has agreed to return more than $100,000 of allegedly ill-gotten gains and pay a civil penalty.